Bel Fuse Inc. (NASDAQ: BELFB) stock enjoyed a major increase of 16.5% on 9/19/24. The shares closed at $80.93. Moreover, trading volume in this advance was exceptionally high at 326% of normal. The stock has performed in line with the market over the last nine months and has risen 22.5% during the last week.
Current PriceTarget Research Rating
BELFB is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Bel Fuse has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Bel Fuse has a slightly negative Appreciation Score of 36 but a slightly positive Power Rating of 62, triggering the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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